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Greece's latest tourism industry news by Greek Travel Pages (gtp)

Budget 2022: Tourism to Help Greece Meet Growth Goals 

Greece has set its growth target for 2022 to 4.5 percent driven by a faster recovery this year as a result of strong tourist flows.

Greece’s Golden Visa Reviving Covid-hit Property Market

The Greek government’s investor visa scheme is reviving Greece’s property market with hundreds of new permits issued during the first ten months of 2021.

EBRD Projects 7% Growth for Greek Economy in 2021

The European Bank for Reconstruction and Development (EBRD) is forecasting 7% growth for the Greek economy in 2021 and 3.9% in 2022.

BoG Forecasts 5% Growth for Greece in 2022 Driven by Tourism

The Greek economy can grow at a rate of 5% in 2022 if the tourism sector continues its strong performance, according to Bank of Greece Governor Yannis Stournaras.

‘Ministry Park’ Project to Free Up Space in Athens for Public Housing

The relocation of nine ministries from Athens’ center to a “ministry park” on Mt Hymettus is expected to create favorable conditions for public housing in the Greek capital.

Study: Greek CEOs Optimistic About post-Covid Future

Greek CEOs are optimistic about the ‘day after’ Covid-19 with a high percentage expressing confidence in Greece’s future potential for growth.

Greece has Most Closed Economy in the EU, Says Fraser Institute Report

Greece ranks last among the 27 EU countries in the Economic Freedom of the World report released by the Frazer Institute.

PM Revises Upward Greece’s 2021 Economic Growth Forecast to 5.9%

Greece’s economic growth forecast for 2021 has been revised upwards from 3.6% to 5.9%, Prime Minister Kyriakos Mitsotakis announced.

Minister: First Support Funds for Tourism Enterprises Next Month

Alternate Development Minister Yannis Tsakiris has announced that the first funds to tourism enterprises seeking support will be released in early September.

Greek Tourism Enterprises Stand to Gain from EU Recovery Funds in Three Ways

Greek tourism and the hospitality sector in particular stand to gain from support allocated to Greece as part of the EU’s Recovery Fund.

Greek Carrier AEGEAN Suffers Q1 Losses Due to Covid

Greece’s national carrier AEGEAN said consolidated revenues in Q1 2021 dropped by 70% to 44.3 million euros against the same quarter in 2020.

Commission Revises Upward Greek Economy Growth Outlook for 2021-22

The Greek economy is expected to expand by 4.3 percent this year and 6 percent in 2022, the European Commission said.

Study: European CFOs See Post-Covid Recovery Ahead

Senior financial executives from across Europe, including Greece, are expressing increasing optimism that the Covid-19 pandemic is on its way out, a Deloitte survey reveals.

FinMin: OECD Greece Outlook Signals Trust in Greek Economy

The findings of a new OECD report send out a message of trust in the prospects of the Greek economy, according to Greek Finance Minister Christos Staikouras.

OECD Expects Gradual Recovery for Greek Economy in 2021

The Greek economy is set to recover gradually next year and projected to accelerate in 2022, according to the latest OECD Economic Outlook report.

Covid-19 Hits Greek Tourism Industry Full Force, Says ICAP Study

Greece’s tourism industry has felt the brunt of the Covid-19 pandemic and is expected to record losses of up to 66%, according to an ICAP study.

Covid-19 Puts a Brake on Greece’s Golden Visa Scheme

Greece’s golden visa program has seen an impact due to the Covid-19 pandemic with the number of visas and residence permits having dropped significantly since the start of 2020.

Commission Sees 9% Slowdown in 2020 for Greece Due to Covid-19

The European Commission revised down its initial growth forecast for Greece to 9% percent in 2020, due to the impact of the pandemic on tourism and exports.

EU Downgrades 2021 Growth Forecast Due to Covid-19 Resurgence

The European Commission has downgraded its 2021 growth forecast as one by one member states enter second lockdowns due to the Covid-19 pandemic.

Survey: Global Shoppers Show ‘Appetite’ for Travel

Over half of the world’s shoppers are keen on returning to travel overseas despite Covid-19, says a survey by tax free shopping provider Global Blue.